Chineseinvestors.com, Inc. (OTCPK:CIIX) entered into a securities purchase agreement with Crown Bridge Partners, LLC for private placement of a 8% convertible promissory note for $72,000 on February 28, 2020. The note is issued at a original issue discount of $3,000. The notes will carry a fixed coupon of 8% per annum. The note is convertible after 180 days after funding into the company’s common stock at a conversion price of 61% of the average of the two lowest trades in the 10 previous trading days before conversion. The company has instructed its transfer agent to reserve 6,150,000 shares of the company’s common stock to permit investor to convert the debt to equity. The notes will mature on February 24, 2021. The notes are unsecured. The company may prepay the outstanding principal amount of the notes, along with any accrued interest, at cash premium of 155% from the date of issue to 60 days following the issue date, 125% from 61 days from the date of issue to 120 days following the issue date, 135% from 121 days from the date of issue to 180 days following the issue date and after expiry of 180 days company will not have the right to prepay. The company will issue securities pursuant to Regulation D.